11920 NW 27th Ave, Miami, Florida 33167
1/20

$7,900,000 USD

Commercial for Sale, 11920 NW 27th Ave, Miami, Florida 33167

  • MLS#A11914764

Listed By LA PREMIERE Realty

The Commercial Property for Sale located at 11920 NW 27th Ave, Miami, Florida 33167 is currently for sale. 11920 NW 27th Ave, Miami, Florida 33167 is listed for $7,900,000.

Date Updated : Feb 26, 2026

Property features

Lot/Land

  • Land/Lot size: 5,590 m² (60,168 ft²)

Construction

  • Year built: 1994

Security

  • Features: Sprinkler SystemSmoke Detector

Description

LA PREMIERE Realty proudly presents North Central, a prime free-standing building with a drive-thru on a 60,168 SF lot and ±14,040 SF building. Zoned UC-MM | Core, the property offers exceptional mixed-use development potential, allowing 125 units per acre, 15 stories, 325 +/- units as of right, 3–4 floors of parking (no underground required), and commercial retail on the ground floor.
The current price per door is approximately $30,000, with significant incentives available under SB-102, reducing the price per door to about $19,500 and allowing an estimated 500 ± units with applicable bonuses.
Property highlights include: Clean Phase I Environmental by Dynatech Engineering | Survey less than 3 years old | Completed 40-Year Certification | Brand-new 2024 AC system with warranty |New electrical system |Certified sprinkler systems |76 parking spaces
This is a rare, well-positioned development opportunity offering scale, flexibility, and strong long-term value.
The property sits at the high-traffic corner of NW 27th Ave and NW 119th St in a dense residential and commercial corridor near major retailers like Marathon, Dollar Tree, Taco Bell, and McDonald's. Nearby amenities include Miami-Dade College North Campus, North Shore Medical Center, Deep End Fitness, and Miami-Opa Locka Executive Airport, with quick access to I-95, FL-924, and the Turnpike. Opa-Locka offers rich Moorish Revival architecture, an active airport, and ongoing CRA-driven redevelopment.

Location

11920 NW 27th Ave, Miami, Florida 33167

11920 NW 27th Ave, Miami, Florida 33167